Dec 9, 2012 6:00pm EST
more media consolidation in america." senate came on record. so why the obama administration is doing something that the bush administration failed to do is beyond my understanding. and we're going to do everything we can to prevent it from happening. >> you may remember that back in 2007, your then senatorial colleague, barack obama wrote a strong letter to the republican chairman of the fcc who wanted to change the rules, just like genachowski is doing now. and he condemned the very tactics that his own fcc chairman is employing today. >> absolutely. and we hope the president will get involved in this issue. so i don't-- to be honest with you, i don't know the internal dynamics of why what is happening is happening. i know you got a couple of republicans on the board, who are very sympathetic to moving forward toward more consolidation. but why genachowski is taking the position he is, i don't know. but i think it would be very helpful. and we will try to get the president to remember what he said four or five years ago. >> you said a moment ago that you recall these hearings that w
Dec 5, 2012 7:00pm EST
it will lay off more than 11,000 employees. president obama warned republicans not to try linking the fiscal cliff negotiations to an increase in the federal debt ceiling early next year. timothy geithner says the administration absolutely it prepared to let the economy go over the fiscal cliff unless the republicans accept higher tax rates on the healthy. and the southern philippines struggled to recover from a typhoon that killed nearly 300 people. and what does a day in the life of public buses, trains and subways look like? the answer is part of our science roundup online. hari sreenivasan has the details. >> sreenivasan: the image resembles a lite-bright time lapse. find those pictures and our conversation with a software developer who set out to sualize the 24-hour cycle of urban public transit systems. that's on our homepage. an international telecommunications conference in dubai aims to set new rules for the internet. what's at stake? we take a look in the rundown. and on making sense, economics correspondent paul solman argues both sides of the capital gains tax debate.